INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
71.85 |
68.49 |
64.47 |
59.08 |
50.98 |
Interest and Dividend Income, Securities |
0.01 |
0.01 |
0.01 |
-7.13 |
0.01 |
Interest Income, Domestic Deposits |
1.46 |
1.45 |
1.54 |
1.26 |
1.16 |
Other Income |
5.18 |
4.90 |
4.47 |
10.99 |
2.86 |
Total Interest Income |
78.49 |
74.85 |
70.49 |
64.20 |
55.01 |
Interest Expense, Deposits |
3.46 |
2.46 |
1.73 |
-3.77 |
0.79 |
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Short-term |
6.57 |
5.38 |
1.30 |
0.50 |
0.03 |
Interest Expense, Subordinated Notes and Debentures |
1.73 |
1.60 |
1.64 |
1.36 |
1.36 |
Other Intrest Expenses |
-12.55 |
-10.22 |
-5.43 |
3.34 |
-2.75 |
Total Interest Expense |
41.97 |
35.93 |
26.51 |
16.16 |
9.49 |
Net Interest Income |
36.52 |
38.92 |
43.98 |
48.04 |
45.53 |
Provision
for loan losses |
5.86 |
1.70 |
1.51 |
1.93 |
0.60 |
Total Net Interest Income |
30.66 |
37.23 |
42.47 |
46.11 |
44.93 |
Fees and Commissions, Fiduciary and Trust Activities |
- |
- |
- |
- |
- |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
3.54 |
2.04 |
1.57 |
0.76 |
1.87 |
Taxable |
- |
- |
- |
- |
- |
Tax Exempt |
- |
- |
- |
- |
- |
Trust Department Income |
- |
- |
- |
- |
- |
Service Charges And Fees |
1.32 |
1.32 |
1.26 |
1.15 |
1.06 |
Gain Loss On Sale Of Investments |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Loans And Leases |
- |
- |
- |
- |
- |
Gain Loss On Loans Held For Sale At Fair Value |
0.04 |
0.02 |
0.02 |
0.03 |
0.06 |
Gain Loss On Loans Held For Sale At Lower Of Cost Or Fair Value |
- |
- |
- |
- |
- |
Other Non-Interest Income |
14.86 |
15.41 |
15.00 |
13.93 |
13.24 |
Total Noninterest Income |
19.35 |
18.58 |
18.06 |
16.81 |
16.38 |
Total Revenues |
50.01 |
55.80 |
60.52 |
62.92 |
61.31 |
Salaries & employee benefits, SGA |
25.26 |
26.35 |
24.59 |
22.49 |
22.66 |
Real Estate, Other Assets Expense |
- |
- |
- |
- |
- |
Occupancy, Net |
5.21 |
4.73 |
4.37 |
4.90 |
4.53 |
Professional Fees and Commission |
- |
- |
- |
- |
- |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Equipment, Postage and Supplies Net |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
- |
- |
- |
1.94 |
- |
Other Noninterest Expense |
- |
- |
- |
- |
- |
Other loss/ -income |
6.94 |
6.61 |
6.61 |
4.09 |
6.37 |
Total Operating
Expenses |
37.41 |
37.69 |
35.57 |
33.41 |
33.56 |
Total Costs & Expenses |
79.39 |
73.62 |
62.09 |
49.57 |
43.05 |
Income /-loss before income taxes |
12.60 |
18.11 |
24.95 |
29.51 |
27.75 |
Income taxes expenses/-benefit |
3.85 |
4.96 |
6.60 |
8.93 |
7.62 |
Income after income taxes |
8.76 |
13.15 |
18.36 |
20.58 |
20.13 |
Net income/-loss
of other equity |
0.00 |
- |
- |
- |
0.00 |
Income /-loss after income taxes |
8.76 |
13.15 |
18.36 |
20.58 |
20.13 |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
8.76 |
13.15 |
18.36 |
20.58 |
20.13 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
8.76 |
13.15 |
18.36 |
20.58 |
20.13 |